U.S. stock futures are lower this morning as inflation fears continue driving the market while the S&P 500 gets ready to wrap up its worst first half of the year in decades — and more in Thursday’s stock market recap.
The good news is that the iShares 20-Plus Year Treasury Bond ETF (Nasdaq: TLT) is still moving sideways. The fact that the TLT is trading like this is instrumental because it tells us that it doesn’t anticipate long-term yields going higher.
If the TLT can continue to trade within its current range while the U.S. economy works itself back into a positive state, it’ll be extremely beneficial and relieve some of the pressure on the broader market.
In other words, the bond market’s choppiness buys us some more time…
But another positive thing to note is that volatility via the VIX, or fear gauge, is also starting to narrow out and move in line with what I’m seeing in the bond market.
In this morning’s stock market recap video, I’ll give you a deep dive into the major sectors… what the bond market is signaling right now… whether the Energy sector has peaked out… what current volatility levels tell me about the broader market… if more speculative stocks are set to start leading… the top strategy for today’s market… and the top ETF with option pick.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. A recent CNBC poll reported that 41% of Americans say it’s going to take a miracle to be ready for retirement.
If you’re in this huge group of potential investors and already battling soaring costs, then you need to watch this immediately.
Legendary trader Tom Busby and I got together this week to share the details of a brand-new trading strategy you have to see for yourself…
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It’s all about finding one stock and one trade at a time.
P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.
That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!
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Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
- Close: 31,029.31.
- Futures: 30,653.
- Change: -346.
S&P 500 (mini)
- Close: 3,818.83.
- Futures: 3,774.25.
- Change: -47.
- Close: 11,658.26.
- Futures: 11,538.
- Change: -153.
- Close: 1,719.37.
- Futures: 1,696.5.
- Change: -24.9.
Note: Updated as of 9:18 a.m. EDT.
Each Thursday, I’ll combine two of my favorite things into a big-money opportunity: options plays and ETFs. Using options, we can turn momentum analysis of a specific sector — or even an entire country’s stock market — into an actionable trade with double- or triple-digit upside potential. I’ll give you all the details you need to execute this plan.
Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to email@example.com!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.